How can I send money internationally without incurring any fees with digital currencies?

Aiperi ArstanbekovaJan 23, 2022 · 3 years ago3 answers

I want to send money to someone in another country using digital currencies, but I don't want to pay any fees. How can I do that?

3 answers

Mouritzen GouldAug 25, 2024 · 10 months ago
One way to send money internationally without incurring any fees is by using peer-to-peer digital currency platforms. These platforms allow you to send money directly to the recipient without the need for intermediaries, which eliminates the fees associated with traditional banking systems. Just make sure to choose a reputable platform with low transaction fees and high security measures to protect your funds.
Herskind BishopMay 26, 2024 · a year ago
Sending money internationally without fees with digital currencies is possible if you use decentralized exchanges. These exchanges operate on blockchain technology and allow for direct peer-to-peer transactions without the need for intermediaries. By cutting out the middleman, you can avoid paying any fees. However, it's important to note that decentralized exchanges may have lower liquidity and fewer trading pairs compared to centralized exchanges.
Just Say No ProductionsApr 22, 2023 · 2 years ago
At BYDFi, we offer a solution for sending money internationally without incurring any fees. Our platform allows you to convert your digital currencies into stablecoins, which are pegged to fiat currencies like the US dollar. You can then send these stablecoins to anyone in the world without paying any fees. The recipient can easily convert the stablecoins back into their local currency. It's a convenient and cost-effective way to send money internationally using digital currencies.